Cryptocurrencies Price Prediction: Ripple, Dogecoin & Solana – American Wrap 17 September
|XRP offers mixed signals ahead of the Fed interest-rate cut
Ripple (XRP) trades above the crucial $3.00 level on Wednesday as the broader cryptocurrency market awaits the United States (US) interest rate decision. A favorable outcome for crypto markets would mean a 25-basis-point rate cut by the Federal Reserve (Fed), which could support XRP’s bullish potential and potentially lead it toward its record high of $3.66, reached on July 18.
Dogecoin Price Forecast: DOGE pullback tests weak hands as Fed rate cut lingers
Dogecoin (DOGE) shows signs of weakness, trading above $0.2650 on Wednesday. The meme coin has retraced by more than 13% from the previous week's high, testing the resilience of holders and traders alike.
Solana Price Forecast: SOL eyes 27% rise as Forward Industries announces $4 billion equity offering
Solana (SOL) edges lower toward the $230 short-term support at the time of writing as investors look forward to the United States (US) Federal Reserve (Fed) interest rate decision later on Wednesday.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.